Wednesday, 27 Nov 2024

Business

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U.S. consumer inflation surges in April

FILE PHOTO: Shoppers browse in a supermarket while wearing masks to help slow the spread of coronavirus disease (COVID-19) in north St. Louis, Missouri, U.S. April 4, 2020. Picture taken April 4, 2020. REUTERS/Lawrence BryantWASHINGTON (Reuters) – U.S. consumer prices accelerated in the year to April, with a measure of underlying inflation blowing past the […]

Epic vs Apple: what we learnt from the trial that could change the iPhone

When Epic Games, the maker of Fortnite, opened its case against Apple at the start of this month, accusing the iPhone maker of operating an illegal monopoly, the legal analyst Nick Rodelli gave the software developer a one-in-three chance of prevailing. Others put the odds even lower. By the time the judge retired on Monday […]

Asian stocks extend global rally to 7th day, U.S. stimulus in focus

TOKYO (Reuters) – Asian stocks put global equities on course for a seventh day of gains on Friday as investors bet the U.S. will lead the world out of the COVID-19 pandemic, with the focus turning to a multi-trillion dollar spending boost by the Biden administration.FILE PHOTO: A woman holding an umbrella walks near an […]

Hunger Magazine Gives Breastfeeding Moms, Babies the Fashion Treatment

YOUNG AND HUNGRY: Call it anything you want — empowering, healthy, natural, protective — but one thing breastfeeding isn’t frequently referred to is glamourous. The fashion and celebrity stylist Kim Howells, mother of a baby boy called Indigo, knows this, and that’s one reason why she’s given breastfeeding mothers a makeover in a stylish shoot […]

Asian stocks extend global rally to 7th day, U.S. stimulus in focus

TOKYO (Reuters) – Asian stocks put global equities on course for a seventh day of gains on Friday as investors bet the U.S. will lead the world out of the COVID-19 pandemic, with the focus turning to a multi-trillion dollar spending boost by the Biden administration.FILE PHOTO: A woman holding an umbrella walks near an […]

With sales rebounding, Gap sees its post-pandemic future outside malls.

By Sapna Maheshwari Gap has long been among the biggest operators of mall stores in the country. But after the pandemic, it will have a much smaller presence in traditional indoor malls as it closes Gap and Banana Republic locations and bets on the expansion of its Old Navy and Athleta brands. Source: Read Full […]

Royal Bank of Canada beats second-quarter profit expectations

FILE PHOTO: The Royal Bank of Canada (RBC) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo(Reuters) – Royal Bank of Canada beat analysts’ estimates for quarterly profit on Thursday, driven by strength in its capital markets and wealth management units, and as it released some reserves […]

Amazon agrees deal to buy James Bond maker MGM for $8.45bn

Amazon has agreed to buy film studio MGM for $8.45bn, the two companies said in a statement. The deal brings together “nearly a century of filmmaking history” at MGM with Amazon Studios, which makes films and TV series for customers of its Prime subscription service, they said. “Amazon will help preserve MGM’s heritage and catalogue […]

Opinion: We can end the Covid pandemic in the next year

OPINION: We are a strange species. We are able to produce marvels, but then fail to ensure they reach everybody who would benefit, even though the costs would be trivial against the gains to all. The marvel now is the swift arrival of effective vaccines against Covid-19. The failure is to ensure production and distribution […]